retail margin cap

Price cap measures fail to lower food costs, retail prices continue to rise

Since September, when the government’s regulation on limiting retail margins came into force, not only have prices failed to decrease, but some have actually risen significantly. As the weekly Vreme reports, official data from the Republic Statistical Office also show that the results of the measure are far from satisfactory. During the same period in which the regulation was adopted, electricity, gas and fuel prices increased, and these costs will further spill over into retail prices toward the end of…